The Korea Herald

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Exicon to become majority stakeholder of Hong Kong based semiconductor firm

By 정민경

Published : July 27, 2016 - 15:24

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[DISCLOSURE] Exicon (092870) said on July 27 that it plans to acquire 820,000 shares worth 933.49 million won (US$822,819) of Hong Kong-based semiconductor manufacturer Memorfi. This amount to an 82 percent stake in the company. 

The purchase will be made through equity offering.